It’s no accident that new home construction in Chicago is on the upswing. In 2022, 1,028 new homes were sold in Chicago. That number increased by 6% to 1,093 new homes the following year, in 2023. With prices rising about 2.5 percent over the last year, new construction homes sold for a median price of $819K in 2023. The median time on the market was 13 days. New construction residences tend to be part of a homeowners association (HOA), with almost 75% of newly sold new construction homes belonging to an HOA. About 22% of new homes were single family residences, with the remainder being townhomes or condos.
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New Construction Homes for Sale in Chicago, IL
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1632 W Wolfram St, Chicago, IL 60657
10 exquisite single family home development in BURLEY school district! 3RD model home now COMPLETED, ready to move in! WOLFRAM COLLECTION offers unparalleled designs with functional floor plan at a d...
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4453 S Lake Park Ave Unit 4, Chicago, IL 60653
High end living steps away from the lake in Kenwood. New construction in an 8 unit building. This unit features multi level living. The main level features the living room, dining room, chef's kitche...
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